article thumbnail

Mortgage industry takes another stand against the FHFA’s DTI fee

Housing Wire

In a blog post published Thursday, Mortgage Bankers Association (MBA) President and CEO Bob Broeksmit made the case that the Federal Housing Finance Agency ‘s (FHFA) loan level price adjustments (LLPA) related to a mortgage borrower’s debt-to-income (DTI) ratio is unworkable and should be scrapped entirely.

Logistics 413
article thumbnail

Opinion: Title companies committed to promoting homeownership for all

Housing Wire

Prospective homebuyers face an obstacle course of challenges – from financing to logistics – once they make the decision to purchase a home. Fees add up in transaction While the cost of title insurance is less than.5% 5% of all loan charges, the industry understands that fees can add up in a real estate purchase.

Insurance 367
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Opportunities to improve the home-building process

Housing Wire

The build process was a logistical nightmare from start to finish. So many times I wondered to myself, “Why are site logistics and materials managed by someone in a truck writing on a notepad?” “Why With so many moving parts involved in new home construction, financing can be one of the most opaque and confusing steps.

article thumbnail

As states set up their HAF programs, servicers complain of chaos

Housing Wire

Still, they say rollout of HAF has been a qualified success – for all the logistical headaches, the financial assistance is helping borrowers stay in their homes. Some states require little in the way of documentation, while others require borrowers to provide detailed information about their finances.

Logistics 295
article thumbnail

Why Industrial Space for Rent Is the Hottest CRE Sector in 2021

The Robert Weiler Company

These buildings are a critical center for managing the distribution and logistical flow of products. A key characteristic of Class A Industrials is that they are near logistics hubs and growing population centers. These costs include insurance, utilities, maintenance, and repair costs. Syndicates through crowdfunding.

Logistics 147
article thumbnail

Medical Professionals Moving Guide: Healthcare Relocation Resources

Raleigh Realty

Finances - Any time you are thinking of buying a home or relocating, it goes without saying that one of the most important components that need to be considered are your finances. Logistics and Stress - It goes without saying that moving can be a stressful situation. USDA Loans- The U.S

Logistics 146
article thumbnail

How to Buy a Home as a Single Mom or Dad

Raleigh Realty

For some of us, owning a home might seem like it is impossible without two incomes for financing purposes. Financing Options for Single Parents Perhaps one of the biggest decisions of homeownership for single parents is how much house you can conceivably afford, and deciding out what financing options are most advantageous to you.